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Circle relies on France for its European expansion
After Binance and Crypto.com, it is now the turn of another international crypto giant to set up its European headquarters in Paris. The issuer of USDC (dollar) and EUROC (euro) stablecoins has just applied to the AMF for authorisation as a digital asset service provider.
And one more! After Binance and Crypto.com, the American company Circle is also to set up its European headquarters in Paris.
The company, which issues USDC (dollar) and EUROC (euro) stablecoins with a value in circulation of more than $36 billion, announced on Tuesday that it had submitted two applications for licences on French soil. This strategy should make France "a hub for the company's operations", says the company headed by Jeremy Allaire.
This analysis does not constitute investment advice. It has been written without taking into account your personal circumstances, including your financial situation, risk profile and investment objectives.
Before investing in any product, investors should fully understand the risks involved and consult their own legal, tax, financial and accounting advisors.
Before investing in any product, investors should fully understand the risks involved and consult their own legal, tax, financial and accounting advisors.
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